Overnight Finance
Decentralized syntheticsDeFi yield aggregators
Overnight Finance
A multi-chain protocol that issues USD+ and other rebasing stablecoins fully backed by delta-neutral DeFi strategies.
This link will take you to a third-party site not owned or operated by Alchemy.
What is Overnight Finance?
Overnight Finance is a multi-chain yield protocol that issues USD+, USDT+, and other rebasing stablecoins fully collateralized by delta-neutral and low-risk DeFi strategies. Users mint Token+ 1:1 against USDC or USDT, then earn daily passive yield through a rebasing balance that targets 5–12% APY. The protocol runs across Base, Arbitrum, Optimism, Linea, BNB Chain, Polygon, zkSync, and Avalanche, and operates an insurance layer backed by the OVN token.
Start building with web3's best API for token data
Get your API key
Web3 dapps and developer tools related to Overnight Finance
Discover blockchain applications that are frequently used with Overnight Finance.
AaveDecentralized lending dapps
Aave is a decentralized lending and borrowing protocol where users can earn yield on deposits and borrow against crypto collateral.
+4
MorphoAlchemy CustomerDecentralized lending dapps
Morpho is an open credit network that provides enterprise-grade infrastructure for on-chain lending and borrowing.
+1
Overnight Finance alternatives
Explore web3 competitors and apps like Overnight Finance.
Origin DollarAlchemy CustomerDeFi yield aggregators
Origin Dollar (OUSD) is a yield-bearing stablecoin on Ethereum that auto-compounds directly in your wallet.
Origin EtherDeFi yield aggregators
Origin Ether (OETH) combines the yield-generating functions of Lido, Rocket Pool, and Frax.
EthenaDecentralized synthetics
Ethena issues USDe, a crypto-native synthetic dollar backed by delta-hedged ETH and BTC, with sUSDe earning yield from staking and basis-trade returns.
+1
YieldFiDeFi yield aggregators
YieldFi is a capital markets platform for the internet economy, enabling curators and investors to collect and manage capital onchain.
+2
Multipli.fiDeFi yield aggregators
Multipli is a multi-chain yield protocol that turns tokenized Treasuries, gold, and commodities into productive collateral via rwaUSD.
+2
Build blockchain magic
Alchemy combines the most powerful web3 developer products and tools with resources, community and legendary support.
Get your API key